ETRACS Gold Shares Covered Call ETN
- Current Indicative Value
- 12/31/1969 | 07:00 pm
- USD --
- Current Spot Price USD 158.64
- 11/04/2024 | 05:20 pm
Profile
CUSIP | 22542D480 |
Primary Exchange* | NASDAQ |
Initial Trade Date | 1/28/2013 |
Maturity Date | 2/02/2033 |
Annual Investor Fee Rate** | 0.65%, accrued on a daily basis |
Underlying Index | Credit Suisse NASDAQ Gold FLOWS™ 103 Index (Price Return) |
Coupon Frequency | Monthly |
See 'Key Risks' above as well as the 'Important legal information specific to ETRACS ETNs' link below for more information.
About the ETN
The ETRACS Gold Shares Covered Call ETNs (such exchange traded notes, the "ETNs") are senior, unsecured debt securities issued by Credit Suisse AG, acting through its Nassau Branch, that are linked to the return of the Credit Suisse NASDAQ Gold FLOWS™ 103 Index (the "Index"). The ETNs may pay a monthly variable cash coupon based on the notional option premiums received from selling call options. The ETNs are listed on the NASDAQ Stock Market under the ticker symbol "GLDI". The ETNs should be purchased only by knowledgeable investors who understand the risks of investing in the ETNs.
The ETNs do not guarantee repayment of the investment amount, are not deposit liabilities and are not insured or guaranteed by the Federal Deposit Insurance Corporation or any other governmental agency of the United States, Switzerland or any other jurisdiction. Any payment on the ETNs is subject to our ability to pay our obligations as they become due.
* We have no obligation to maintain any listing on the NASDAQ or on any other exchange, and may delist the ETNs at any time.
** In addition to the Annual Tracking Rate, the ETN includes a redemption fee or charge for redemptions or repurchases at the option of the holder. The ETN also includes transaction costs in connection with implementing the index methodology. Such fees, charges and transaction costs may be formula-based and, therefore, not quantifiable. However, such fees, charges and transaction costs materially increase the costs of investing in the ETN. In addition, because of daily compounding, the actual tracking fee realized may exceed the stated amount. Please see the pricing supplement for disclosure of fees or charges. Please consult your financial advisor to learn more about the costs associated with the purchase or sale of the ETN.